How much is a good price to sell war nickles?

[Darth Walker]

Coin dealer in my area say about .50 cents. I told him forget it.

Any advise?

 

[MIhunter]

How many do you have to sell?

 

[Darth Walker]

Even if I sell just one

 

[Darth Walker]

Even if is one

 

[gusser]

50 cents is about right

 

[LooseChange]

APMEX buy price is just over $0.76 ea in lots of 20 ($1 face)

 

[Darth Walker]

Thanks. No money spend pn gas. Why cointrackers and coininflation say melt about .96 cents

 

[GlenDronach]

Thanks. No money spend pn gas. Why cointrackers and coininflation say melt about .96 cents

Economics. Buy under melt, sell for over melt. The % under and over are due to demand and prediction of future price. Silver is cheap now, but hard to find.

Especially small amounts. If you had $100 face value of war nickels, they may offer you a better price.

If it is currently 12.5x face, they may buy it for 10x face and sell for 15x face. They have to run a business and make it worth their while.

 

[BuffaloBoy]

Nobody really wants war nickels, unfortunately. Your best bet might be eBay.

 

[Darth Walker]

But defies reason since they have a silver contend and you may find one per box so they are scared??

 

[Darth Walker]

But defies reason since they have silver content and they are scared 1 per box probably

 

[NHBandit]

But defies reason since they have silver content and they are scared 1 per box probably

What are they scared of ?

 

[DeepseekerADS]

What are they scared of ?

They're scared I'll catch them and won't release them to freedom!!!

 

[mAGma]

The lower the silver content...the less desirable.

Also, they scared of dat ebolas.

 

[Eddie Current]

If I was offered 50 Cents for one war nickel the first thought would be... why am I even at this coin dealer for one minor coin? Even with EBAY, the miniscule profit is not worth the effort involved unless you score a bunch more of them.

Enjoy the coin every now and then and give it to your grandchild sometime down the road.

 

[GlenDronach]

Low silver content= more effort to refine the silver. That's why 90% coins get a better rate of return than 40% coins when buying and selling. Nickels, at 35%, are less and less attractive as the price of silver falls. At some point, it's not even worth trying to melt the silver down.

 

[bertmaster2000]

Coin dealer in my area say about .50 cents. I told him forget it.

Any advise?

I really like war nickels. I vote you keep your war nickels, at least until silver is at $30/oz again and people are rushing to grab silver on the upswing. I recommend you accumulate a bunch in the meantime and sell them in lots on ebay as the price of silver skyrockets.

 

[Darth Walker]

Bertmaster is rigth. I will accumulate them. Thanks
DW

 

[Avago]

Low silver content= more effort to refine the silver. That's why 90% coins get a better rate of return than 40% coins when buying and selling. Nickels, at 35%, are less and less attractive as the price of silver falls. At some point, it's not even worth trying to melt the silver down.

Not only is it more work to refine the low silver content coins, but storing them takes up more space. 10oz of silver in 90% halves takes up a fraction of the space and weighs a fraction of 10oz of silver in 40% halves. It's more convenient to have coins with a higher silver concentration.

 

[jeff of pa]

Current Melt Value Of Coins - How Much Is Your Coin Worth?

1942-1945 Nickel **

$0.05

$.9643

$.9643 is the rounded silver value for the 1942-1945 silver nickel on October 23, 2014. This is usually the value used by coin dealers when selling these coins at melt value.

however when Buying they can be thieves